Economy Stronger But Some Job Seekers Left Out

The recession ended four years ago. But for many job seekers, it hasn't felt like much of a recovery. Economy reporter Phil Izzo joins MoneyBeat.

This transcript has been automatically generated and may not be 100% accurate.

... job market is recovering but the case is still far too slow to flow to quickly fill the hole it was called by the recession ended on ... the on four years ago it's amazing right ... Wall Street Journal economy reporter Phil is a joins us to talk about this on this is really inching story of sleeping Casselman room ... yet ... we know you in honor of our all time yes jobs to be trained month after month we know that ... of but you look at the long-term unemployed the play to them he's ... at the example he had to proceed in its corporate suffering and it's it's a serious serious problem and we mention a story that they did some research they sent out six hundred residents some with a satin robe ... unemployed for more than six months um if you are the six months and some good ones even if they have higher qualifications when you are employed more than six months they got he recalled packs ... because ... there's this stigma attached to long-term on employee ... and it's always a problem in any in every recovery ... the first people who start to get shoppers the people who will be on a plan for shorter period of time ... but the problem with this recovery is perhaps too many millions of people born in unemployed for over six months ... that we're in this position where ... if we can create jobs fast enough some people might metric staff and ... we we keep our mothers yes the Oakland read blogs better at seven point five seven point two percent ... but that masks the fact that they are are millions of people who don't have jobs who've given up looking to the long-term put ... on ... it ... I mean it that ... on the of people in its millions of years yes it is that formula employed is not out there working how we ever get the kind of economic growth ... where they can find that's the prom is you need some sort of self filling cycle when you have the growth that rise the Jonathan Trott is the growth that Ryan jobs and and we haven't really done that get me here oldest couple all that ... takeoff speed or you know exit velocity already set up and we haven't quite reached that yet ... and you know what the last couple weeks in markets there's more worries that we're not can ever teach the point that that means economists are generally a little bit ... more optimistic about the rest of this year and ... next year but as Europe always want to point out that always optimistic about the second half the orang of the Fed was optimistic today to talk about the economy talking about the high in terms of ... the economy's getting better so mainly can pull back on the QE it some point ... you know a few people pointed out that ... they came to be optimistic ... up what they are too often is to meet Candice Economy stand on its own ... without the Fed's how I think the Fed ... thinks it can get the bank opened a can aam and I think ... that the fundamentals are there mean yes report on housing prices in the housing market is looking better ... when we got adorable those reports today even though there's been some ups and downs in manufacturing he looks pretty good consumer confidence level is the highest it's been ages ... I mean ... here are a lot of fundamental traits in this economy so there is a hope that as long as you know the markets will take us down or as long as ... you know your a dozen needed fault or include which is always a possibility and there is China as well I mean that we were not alone in this world but the U S economy domestic U S economy ... is probably looking the best it has just before the reception By fillers of think you're a much help ...